Markets

Although BTC has surged to about $60,000 and its market cap is well above $1 trillion, SkyBridge Capital’s Anthony Scaramucci envisions even further price increases. He compared the asset’s performance to Amazon’s stock and doubled-down on his belief that bitcoin is better than gold.Bitcoin and Amazon ComparisonEver since SkyBridge Capital announced plans to launch a Bitcoin Fund last year, the founder, Anthony Scaramucci, has used every opportunity to defend and praise the cryptocurrency on...

According to the chief spokesperson from Bridge Oracle, Tokay played a fraud game by not providing the promised services.The conflict between Bridge Oracle protocol and Bitcoin.com co-founder Mate Tokay has spilled over to the public domain. According to a post by Bridge Oracle that was published in early January, the firm accuses Tokay of violating agreements and launching fake allegations.Bridge Oracle, a dedicated public oracle technology on the TRON network, initially had hired Tokay to...

Nachdem zum Wochenanfang das Federal Open Market Commitee (FOMC) Meeting abgehalten wurde, schaute der Markt gespannt auf das Ergebnis der mehrtägigen Zusammenkunft. Niemand anderes als die führenden Köpfe des Federal Reserve Banking Systems berieten sich darüber, wie es mit dem Leitzins und dem Ankauf von Staatsanleihen weitergehen soll. Der BTC-Markt sperrte die Ohren ebenfalls weit auf. Bitcoin News: Fed Meeting löst Achterbahn für Bitcoin ausIn der vergangenen Nacht wurde verkündet, dass...

Hopes are high on this current submission because there has been a growing demand for a Bitcoin ETF in the United States.We are on the verge of a record-breaking event in the history of the crypto industry in the United States as the Securities and Exchange Commission (SEC) recently announced its receipt of the VanEck 19b-4 Form for Bitcoin exchange-traded fund (ETF). According to the laws of the country, the commission has a 45-day window period to consider the proposal and make a decision...

The Fed chairman said that it will continue with its monetary easing policy through 2023 with no major hikes in interest rates. BTC price gained 6% post Powell’s comments. Giving a brief of the US Economic Outlook on Wednesday, March 17, Federal Reserve Chairman Jerome Powell said that they would be continuing with zero-interest rates at least through 2023.Powell’s statements offered a major confidence boost to the market. The near zero-interest rates will also allow corporates to borrow...

Peloton stock investors remain vigilant to observe how the vaccine development affects the company’s future growth prospects.Peloton Interactive Inc (NASDAQ: PTON) stock continued with its dip during Thursday’s premarket. Notably, Peloton stock closed yesterday trading at $107.79, down 0.16%. Meanwhile, PTON stocks were down approximately 2.12% during the Thursday premarket trading session. Moreover, they remain down over 28% since the beginning of the year. However, there is hope for the...

A successful Coinbase listing may result in further Bitcoin rally with the embrace of Coinbase into traditional markets being regarded as a wider acceptance of the crypto assets.Ahead of Coinbase listing, regulatory filings on Wednesday reveal that the company’s valuation has risen to $68 billion. This happened after private shares climbed 13 fold in the last few months.In 2018, Coinbase was valued at about $8 billion according to PitchBook data. Since then, the largest crypto exchange in the...

According to the defined targets set by Volkswagen, the company expects to deliver more than 450,000 electric vehicles (EVs) in 2021.The shares of German automaker Volkswagen Group (OTCMKTS: VWAGY) are seeing brighter days in the stock market on optimism that the firm is set to out-compete the likes of Tesla Inc (NASDAQ: TSLA) in the electric vehicle (EV) production race. The shares yesterday were exchanging hands at over  $42, up more than 29%. However, after hours they lost 8% oftheir...

[PRESS RELEASE – Please Read Disclaimer]Pumpy finance announced the launch of a low-fee Yield Aggregator with Limited Supply on the Binance Smart Chain. The new project seeks to solve major Ethereum based project issues by lowering fees, thus the amount needed to earn rewards.The protocol will be charging a 0.2 to 0.5 percent fee to cover gas costs for their dynamically optimized auto-compounding. Withdrawal is completely fee, Vault Fee (PMP Buyback & Burn) is 1.5% and Entrance Fee is...

EOS is gaining pace from the $3.680 support base against the US Dollar. The price is currently trading above the $4.000 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.900 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $4.250 and $4.500 resistance levels. EOS price is showing positive signs above $4.000 against the US Dollar, similar...